Canada Stocks Fall As Oil Shares Slide Amid U.s. Shutdown

Canada’s Medical Marijuana System Overhaul Starts Tuesday

Trading volume was in line with the 30-day average today. There was a lot of buying yesterday that was jumping the gun, Bob Decker , a fund manager with Aurion Capital Management, said in a phone interview from Toronto. His firm manages about C$6 billion ($5.81 billion). The obvious linkage is whats happening in Washington isnt friendly to the economic outlook. U.S. President Barack Obama summoned the top four leaders of Congress to the White House today for talks on re-opening the government and raising the debt ceiling. The U.S. government began shuttering some operations yesterday because of a budget stalemate. Congress now faces a dispute over raising the $16.7 trillion debt ceiling this month. The Treasury has said measures to avoid exceeding the borrowing limit will be exhausted on Oct. 17. Economic Growth A partial shutdown lasting one week would probably shave 0.1 percentage point from economic growth, according to the median estimate of economists, with the costs accelerating if the closing persists. A private U.S. payrolls report said employment rose a less-than-forecast 166,000 in September, following a revised 159,000 gain in August that was also smaller than estimated, ADP Research Institute said. BlackBerry rose 1 percent to C$8.27 after an earlier loss of as much as 5.4 percent. The Wall Street Journal reported that the company has drawn the interest of Cerberus, a private-equity firm that specializes in distressed assets.

Floro names Canada roster for Socceroos game against former manager Holger Osieck

He reportedly asked President Obama during a White House visit if he could “have a spliff” in 2012. “They didn’t have any,” he added. Michael Bloomberg New York City Mayor and Bloomberg L.P. founder Michael Bloomberg found himself in hot water when he admitted to smoking marijuana back in 2002, The New York Times reports. When asked by a reporter if he had ever tried pot, he responded: “You bet I did. And I enjoyed it.” Hugh Hefner Playboy founder Hugh Hefner credits his use of marijuana later in life with changing his perspective on sex. “I didn’t know what making love was all about for all those years,” Hefner who supports legalization is quoted as saying in High In America: The True Story Behind NORML. “Smoking helped put me in touch with the realm of the senses.” George Soros Billionaire investor George Soros is a known supporter of marijuana legalization and even wrote a 2010 Wall Street Journal op-ed rather straight-forwardly entitled “Why I Support Legal Marijuana.” His use of the drug may be far less proflific, however. He told Reuters in 1997 that while he had “enjoyed” trying marijuana, “it did not become a habit and I have not tasted it in many years.” Jimmy Cayne Jimmy Cayne, former CEO of Bear Stearns, kept an antacid bottle full of cocaine in his desk, according to the book The Sellout. Sarah Palin The former vice presidential candidate and reality TV star told Anchorage Daily News back in 2006 that she couldn’t “claim a Bill Clinton and say that I never inhaled, CBS News reports. Bill Gates Bill Gates, chairman and co-founder of Microsoft, hinted at once using LSD and marijuana in a 1994 interview with Playboy. Likewise, biographer Stephen Manes wrote that “Gates was certainly not unusual there [around drugs]. Marijuana was the pharmaceutical of choice Larry Kudlow Former Ronald Reagan economic adviser and current CNBC host Larry Kudlow is reported to have both smoked marijuana and used cocaine frequently at periods in his life. After being fired from Bear Sterns in the mid-1990s, Kudlow entered a rehabilitation program to deal with his cocaine addiction, according to New York Magazine. Naomi Campbell Super model Naomi Campbell admitted in 2005 to abusing cocaine during her career.